| Push state Senate to act against foreclosuresDetroit Free Press, United States - Dec 4, 2008Protect home owners' equity by prohibiting home refinancing to generate fees for the lender unless there is a tangible net benefit to the borrower. ... |
Short selling can help lenders in troubleHumboldt Beacon, CA - Nov 21, 2008That's why, if a seller is current on the loan and the value of the property has fallen, a lender may consider a discounted payoff. ... |
More homeowners long to sell shortRockford Register Star, IL - Nov 25, 2008?It helps the (seller) get out from under a mortgage rather than go to foreclosure, but it does take the approval of the lender,? she said. ... |
Here's a solution to mortgage crisisPensacola News Journal, FL - Nov 14, 2008First, determine by accepted industry standards if a borrower could afford the mortgage on the day it was closed. If so, compute the current payoff amount, ... |
Avoiding foreclosuresAtlantic Online - Nov 21, 2008However, as I have noted, when the mortgage is "under water," a reduction in principal may increase the expected payoff by reducing the risk of default and ... |
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Source: Google News |